BOMDx - AI/DX Solution for Manufacturing Industry, Starting with the BOM

Announcement
"BOMDx" the first BOM diagnostic service in the industry that is fully compatible with the AI era.

Challenges in Bill of Materials Management

A Bill of Materials (BOM) is the essential data set that aggregates information regarding products and materials, supporting all departments throughout Product Lifecycle Management (PLM). Typically, BOMs were utilized primarily to enhance efficiency in design and manufacturing processes. Recently, their application has broadened to cover procurement, cost management, aftermarket services, and sales. BOMs have attracted interest in Internet of Things (IoT) and Artificial Intelligence (AI) initiatives due to their capacity to systematically integrate and manage large amounts of data.

BOM management requires specialized expertise and experience in manufacturing, alongside advanced information technology and management competencies, making it a highly complicated operation. Several common challenges include:

• Item numbers and diverse coding systems lack standardization.
• The BOM and associated data exhibit inaccuracies, omissions, or redundancies.
• Significant effort required to synchronize Bills of Materials across departments and locations
• Version and implementation control problems lead to inventory shortages or surpluses.
• Inaccurate cost, lead time, or quality data impairs quotation tasks.
• Inadequate data governance for Bill of Materials and related data
• Deficiency of personnel proficient in BOM/PLM management

Addressing these challenges is crucial for efficient BOM management.

About BOMDx

BOMDx utilizes our comprehensive expertise in BOM/PLM to assess the existing issues and challenges within your organization’s BOM practices and recommends actionable strategies for enhancement. A multidisciplinary team of specialists in manufacturing, information technology, and business operations will offer practical assistance, encompassing thorough analysis and validation of your processes and systems, as well as the implementation of enhancement measures.

Key Features of BOMDx 

Delivering Superior Insight from a Network of Experts

A well-structured BOM is essential for the effective utilization of AI and the promotion of DX. Even in the absence of internal BOM/PLM, AI or IT specialists, we can deploy specialized consultants from our expert network, referred to as the “BOMDx Network.” These consultants assist you by evaluating your existing BOM and designing a pragmatic strategy.

Identifying Bill of Materials/Product Lifecycle Management Issues Via a BOM Diagnosis

We collect the requisite information for BOM analysis through a comprehensive questionnaire, after which our expert team performs a collaborative evaluation. We may also collect operational process information and system details as necessary, identifying issues within the prevalent BOM/PLM challenge areas.

Utilizing a Specialized AI Knowledge Base for Bill of Materials/Product Lifecycle Management

Utilizing our proprietary AI knowledge base, we obtain insights to enhance your BOM/PLM. This encompasses the detection of data quality issues, including deficiencies in BOM data models, item numbers, and attribute information, as well as the identification of areas for enhancement, resolvable problems, and potential risks associated with BOM construction or reconstruction. Our AI development roadmap encompasses upcoming performance improvements and new features.

Service Overview

BOM Diagnosis

We analyze the quality of your BOM and any management issues by employing a representative subset of your actual BOM data, grounded in best practices and well-known challenges in BOM management. This analysis utilizes actual data and interviews with key stakeholders in each department, resulting in a report that offers actionable feedback.

We assist in identifying quality improvement opportunities in your BOM and provide management insights, enabling early detection of potential risks and the formulation of action plans to mitigate them.

BOM Management Workshop

In a practical workshop utilizing actual BOM data, you will acquire the fundamental principles of BOM design and management. Participants will gain insights into AI applications and digital transformation initiatives, establishing a foundation for the adoption of advanced technologies.

This workshop facilitates the development of BOM-related competencies applicable to real-world operations, fostering a management strategy tailored to your organization. It promotes communication among teams and stakeholders, facilitating smoother project launches in the future.

Analysis of Business and Systems Related to BOM

We perform a thorough assessment of your current BOM-related operations, systems, and data to pinpoint deficiencies in your existing BOM management practices and delineate a strategy for achieving your business objectives.

This comprehensive approach enables you to comprehend your present circumstances from the viewpoints of processes, systems, and data. You will align operational processes with corporate objectives, enhancing efficiency, decision-making, AI integration, and the acceleration of digital transformation initiatives.

Proposal for the Construction and Reconstruction of Bill of Materials

Considering the unique attributes of your organization, we suggest strategies for developing or revising your BOM. These strategies constitute the foundation for creating RFPs (Requests for Proposal), roadmaps, and project plans.

By aligning with your company's growth and transformation objectives, you can advance with strategic BOM development and reconfiguration. This entails assembling the appropriate project team, developing specific proposals, and crafting comprehensive plans.

Call for Pilot Participants

Beginning in November 2024, we started a pilot version of BOMDx. This pilot is offered at a discounted rate for companies that adopt the service by approximately summer 2025. For further information or to discuss the implementation of the pilot version, please reach out to us via the link below. Take advantage of this opportunity to review your BOM management at a discounted rate.

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About the BOMDx Network

BOMDx Network is a program designed for BOM/PLM specialists—especially freelancers or individuals pursuing secondary employment—to serve as consultants, analysts, or advisors on BOMDx initiatives. Participants in BOMDx project teams contribute to the transformation and enhancement of BOM management practices at client organizations.

For further information, please refer to this

About the BOMDx Platform

We have created the “BOMDx Platform” as the artificial intelligence knowledge base for our BOM/PLM transformation solution, BOMDx. The BOMDx Platform, developed from our original collection of BOM/PLM insights and expertise, serves as the knowledge base for all BOMDx projects. At present, it is accessible to our internal consultants and clients utilizing BOMDx to advance AI and DX initiatives.